Common use of FORFEITURE OF EMD Clause in Contracts

FORFEITURE OF EMD. The ▇▇▇▇▇▇▇ money deposited (EMD) will be forfeited if the tender withdraw or amends, impairs and derogates from the tender in any respect within thje period of validity of tender or fails to furnish the Proformance Security Deposit.

Appears in 2 contracts

Sources: Maintenance Agreement, Maintenance Agreement

FORFEITURE OF EMD. The ▇▇▇▇▇▇▇ money deposited (EMD) will be forfeited if the tender withdraw or amends, impairs and derogates from the tender in any respect within thje the period of validity of tender or fails to furnish the Proformance Security Deposit.

Appears in 1 contract

Sources: Maintenance Agreement